Cointime update: The Korea Exchange activated a sidecar mechanism on the KOSDAQ market on November 5, suspending program-trading sell orders. The circuit breaker-style halt is designed to curb sharp declines by pausing automated selling. No further details on the duration of the suspension or the scale of the market move were provided.
Cointime update: China’s basic medical insurance enrollment reached 1.328 billion by September 2026, including 391 million employee-insured and 937 million resident-insured, Zhang Chenguang, deputy director of the National Healthcare Security Administration’s planning and finance department, said at a briefing on the medical insurance wallet 2.0. Enrollment exceeded full-year 2024 levels and by end-October matched full-year 2025, making a second consecutive year of growth certain.
Cointime reports: US nonfarm unit labor costs fell 0.7% in the third quarter on a preliminary basis, against expectations of a 0.4% rise and a prior reading of 1.2%. The unexpected decline marks a sharp deceleration in labor cost growth from the second quarter.
Cointime reports: US initial jobless claims for the week ending Oct. 31 came in at 189,000, below the 196,000 expected by economists and down from the prior week’s 194,000 reading. The lower-than-forecast figure indicates fewer layoffs than anticipated for the period.
Cointime reports: US continuing jobless claims for the week ended October 24 came in at 1.718 million, above the expected 1.71 million and up from the prior week’s 1.701 million. The reading points to a modest increase in the number of people receiving unemployment benefits.
Cointime update: Russian President Vladimir Putin signed a decree placing four factories belonging to Japan Tobacco in Russia under the temporary management of Russian companies, Russian state news agency TASS and Japan’s NHK reported on November 5. The order transfers operational control of the plants to Russian entities. No further details on the scope or duration of the takeover were given.
Cointime update: The ninth China International Import Expo opened in Shanghai, with Deloitte China chair Jiang Ying saying the event for the first time brings together the country’s three national-level opening brands — “Export to China,” “Buy in China” and “Invest in China” — linking import procurement, market distribution and onshore investment. She said the expo’s spillover effects convert domestic market opportunities into shared Asia-Pacific growth momentum, supporting regional and global economic recovery.
Cointime update: The ninth China International Import Expo opened in Shanghai, with KPMG Asia Pacific and China Chairman Zou Jun saying the event has long served as a platform for economic and trade dialogue between China and other countries. Zou said the expo showcases frontier technology and also serves as a source of industrial and governance transformation. The comments were made at the opening of the expo.
Cointime reports: Iran’s foreign minister and Jordan’s foreign minister held a phone call to discuss the regional situation, Iran’s state news agency IRNA reported. The call comes amid heightened tensions in the region. No further details of the conversation were disclosed.
Cointime update: Apple’s pre-market gain narrowed to 1.23% after the company launched a seven-tranche US dollar investment-grade bond offering. The iPhone maker is tapping the high-grade debt market across seven maturities in dollars, with the size of the deal not disclosed. The move comes as Apple shares traded higher ahead of the US open.
Cointime update: Bank of England Deputy Governor Clare Lombardelli said eurozone inflation data indicate the UK is not the only country facing energy price risks. The remarks point to shared exposure across European economies as energy costs feed into consumer prices. Lombardelli was speaking about the inflation outlook and the risks energy prices pose to the UK economy.
Cointime reports: The Baltic Dry Index climbed 1.71% to 2,740 points, the index tracking dry bulk shipping rates showed. The move marks a gain for the benchmark, which reflects freight costs for dry bulk commodities including iron ore, coal and grain. No further details were disclosed.
Cointime reports: Shanghai nickel and coke futures rose more than 2% at the open of China’s night trading session, with low-sulfur fuel oil, rapeseed meal, wood pulp, Shanghai tin and coking coal each gaining over 1%. On the downside, propylene and LPG fell more than 3%, plastics dropped over 2%, and styrene, fuel oil, rapeseed oil, pure benzene and ethylene glycol each declined more than 1%.
Cointime update: France changed the venue of the G7 foreign ministers’ meeting from Marseille to Paris at the last minute as protests continued, three diplomats said and an email seen by Reuters showed on March 5. The decision was described as “rare.” No further details on the schedule or the protests were provided.
Cointime update: Bank of England Governor Andrew Bailey said progress toward peace would be welcome and would help bring down energy prices. The remark links geopolitical developments to the outlook for energy costs, a key input for UK inflation.
Cointime update: Bank of England Governor Andrew Bailey said the market curve has priced in further policy tightening next year, but this mainly reflects risk premium rather than market expectations for interest rates, and is partly justified by energy risks. Bailey said recent oil price declines are positive news, and that further increases in the benchmark rate may be necessary unless progress is made in resolving the conflict. Positive developments in the Iran conflict would reduce the risk of a further rise in inflation, potentially leaving the CPI peak “slightly below” 5%.
Cointime reports: Arthur Hayes said in his article “D is for Dilution” that lockup expirations at SpaceX, Anthropic and OpenAI could release large share blocks and pressure AI stock prices. He estimates SpaceX will unlock about 8.6 billion shares by end-June 2027, roughly 50% of float, while Anthropic early IPO investors may face about 83% dilution. Weaker AI credit could slow US bank balance-sheet expansion and tighten dollar liquidity, pressuring crypto until central banks respond; Maelstrom is staying on the sidelines.
Cointime update: Bank of England Governor Andrew Bailey said the central bank needs to limit the impact of the conflict in Iran. Bailey did not elaborate on specific measures or the channels through which the conflict could affect the UK economy or financial markets. The remarks come as geopolitical tensions around Iran remain in focus for global markets.
Cointime update: Liu Haixing, head of the CPC International Department, led a delegation to Pakistan and Bangladesh from Nov 1 to 5, meeting Pakistani Prime Minister Shehbaz Sharif, army chief Asim Munir, Deputy PM Ishaq Dar, and Bangladeshi President Mohammed Shahabuddin and PM Tarique Rahman. The visit included party-building exchanges and the launch of China-Pakistan and China-Bangladesh governance research centers.
Cointime update: The European Union Aviation Safety Agency said on the 5th that it will continue to monitor developments after bomb threats targeted European passenger aircraft and will identify and assess how such security threats may affect flight safety. The agency made the statement in an email response to reporters. No further details were provided.